Source: USA Science News

Neyber: Lending startup Neyber, which raised millions from Goldman Sachs, laid off 13% of staff as it focuses on its 'last' fundraise and profitability

Neyber, the UK fintech startup that has raised $150 million from Goldman Sachs and other backers, has laid off around 13 staff, predominantly in its marketing team. It had around 100 staff prior to the redundancies. Founders Monica Kalia and Martin Ijaha said the business was reining in its costs as it focuses on sustainability, launching new products, and raising its "last" round of funding. Neyber was founded in 2014 and offers loans at attractive rates through employers, taking repayments directly from people's salaries. The company said it achieved topline growth of 100% year-on-year in 2018. Click here for more BI Prime stories. Neyber, the UK fintech startup backed by... Read More

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Martin Ijaha's photo - Co-Founder & CEO of Neyber

Co-Founder & CEO

Martin Ijaha

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Neyber is an online financial services platform that enables employees to borrow loan and save money from their salary. Read more